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 KOSPI (SEOUL.NDX) - Close: 1 969.17 (+12.11), May 27, 2016

Chart Technical Analysis KOSPI (SEOUL)

rsi chart
 Positive Candidate -Medium term, May 27, 2016Analysis Explanation
KOSPI has broken the floor of the rising trend, which indicates a weaker initial rising rate. Is moving within a rectangle formation between support at 1839 and resistance at 2015. A decisive break through one of these levels indicates the new direction for the index. The index has support at points 1943 and resistance at points 2020. The index is overall assessed as technically positive for the medium long term.

1 day-0.56%0.00+0.62%
5 days0.001.97%0.00+1.10%
22 days0.005.06%0.00-2.29%
66 days0.0010.12%0.00+2.87%
Trend 31%1985.82 - 2100.78
Long Term Trading Range2016-05-18
Short Term Trading Range2016-05-13
Moving average2016-03-29
Double Bottom Pattern2016-03-02
Inverse Head and Shoulders 2015-02-24
Double Bottom Pattern2015-01-23

 


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